This presentation provides an update on venture capital investing and innovation trends in the clean technology industry.

1. Cleantech Investment and Innovation Trends Sponsored by:

11. Top 10 Venture Deals in 2Q11 Company Sector Amount Total Paid In Capital Country TopInvestors in the Round Fisker Automotive Transportation $100,000,000 $440,000,000 United States (undisclosed) Suniva Solar $94,400,000 $224,400,000 United States Warburg Pincus New Enterprise Associates Bridgelux Energy Efficiency $80,000,000 $203,150,000 United States VantagePointCapital Partners Chrysalix Energy Venture Capital Enerkem Biofuels & Biomaterials $60,000,000 $118,578,885 Canada Rho Ventures Braemar Energy Ventures KiOR Biofuels & Biomaterials $55,000,000 $166,469,000 United States Khosla Ventures General Compression Energy Storage $54,500,000 $80,200,000 United States Northwater Capital Management iControl Networks Energy Efficiency $50,000,000 $93,500,000 United States Kleiner Perkins Caufield & Byers Intel Capital BioAmber Biofuels & Biomaterials $45,000,000 $45,000,000 United States Mitsui & Co. Global Investment Sofinnova Partners Enecsys Solar $41,290,000 $56,072,496 United Kingdom Good Energies NES Partners Avantium Materials $36,341,277 $58,841,277 Netherlands Sofinnova Partners Capricorn Venture Partners NV

12. EE & Solar Leading the League

13. Top 10 Solar Deals 2Q11 Company Sub-sector Amount Total Paid In Capital Country Top Investors in the Round Suniva Crystalline Si cell $94,400,000 $224,400,000 United States Warburg Pincus New Enterprise Associates Enecsys Micro-inverters $41,290,000 $56,072,496 United Kingdom Good Energies NES Partners Royal Tech Solar Tracking equipment $35,725,003 $35,725,003 China Tripod Capital Agile Energy Asset Acquisition $24,000,000 $37,200,000 United States Good Energies Fonroche PV modules $21,651,000 $87,751,000 France EURAZEO Semprius Concentrated PV $20,000,000 $39,300,000 United States Siemens Venture Capital In-Q-Tel SolarReserve Concentrated solar thermal $20,000,000 $160,000,000 United States Good Energies Credit Suisse SolarBridge Technologies Micro-inverters $19,000,000 $34,000,000 United States Rho Ventures Battery Ventures Morgan Solar Concentrated PV $16,500,000 $26,200,000 Canada The Frost Group Iberdrola Renovables GreenVolts Concentrated PV $16,300,000 $88,000,000 United States Oak Investment Partners

16. IPO Number Very Close to 1Q11

17. M&A Number Slightly Declines after Strong 1Q11

18. Top Corporates in M&A Corporate # of Acquisitions Targets Sectors Involved Schneider Electric 5 Telvent Beijing Leader & Harvest Luminous DigiLink Lee Technologies Smart Grid Energy Efficiency Veolia ES Solid Waste 4 JC Sanitation Parker Sanitation Suburban Disposal & Recycling Treesmith Recycling & Waste General Electric 2 Calnetix Power Solutions FMC-Tech Smart Grid ABB 2 Mincom Validus DC Systems Smart Grid Energy Efficiency

19. Top Corporates in Venture Investments Corporate # of Rounds Companies Sectors Involved General Electric * 11 Scientific Conservation On-Ramp Wireless VPhase Nuventix Ember GMZ Energy Hara Project FROG Viridity Energy WiTricity SunRun Smart Grid Energy Efficiency Solar Mitsui 4 BioAmber Proterra Marrone Bio Innovations Redwood Systems Biofuels & Biomaterials Transportation Agriculture Energy Efficiency Intel 3 iControl Networks Scientific Conservation JouleX Energy Efficiency Gamesa 2 SkyBuilt Power WorldWater & Solar Technologies Solar

20. Overview of Total Claims

22. Who Holds the Patents Corporate Entities Versus Individual Inventors The overall breakdown between individual inventors and assignees (typically a corporate entity) for all cleantech categories is as follows: Owner 2010 Number 2010 Percent 2009 Number 2009 Percent 2008 Number 2008 Percent Corporate entity 965 82.7 672 81.7 458 77.8 Individual inventor(s) 202 17.3 151 18.3 131 22.2

23. Who Holds the Patents

24. Who Holds the Patents The Top 10 breakdown of 2009 and 2010 patent ownership countries for all cleantech categories is as follows: Country 2010 Number 2010 Percent 2009 Number 2009 Percent United States 673 57.7 478 58.1 Japan 145 12.4 111 13.5 Germany 114 10.0 81 9.8 South Korea 43 3.7 35 4.3 Taiwan 26 2.2 18 2.2 Canada 20 1.7 14 1.7 Great Britain 13 1.1 12 1.5 Denmark 28 2.4 10 1.2 France 20 1.7 9 1.1 China 13 1.1 4 < 1.0

25. Solar Patent Activity Top 5 Technologies

26. Solar Patentable White Space Top 3 Technologies

29. Dashboard: Your Cleantech Radar Daily feeds of the latest investments, acquisitions and relationship news Newest company profile reports added by our senior analysts Coming soon – direct access within i 3 to all supplementary research documents and Investment Monitors Search by company name, sector, or keyword

30. Companies: Search for innovators Select the type of search you would like to run: companies or transactions (investments, M&A, IPO) Search on tags (begin typing for auto-complete) Browse listing of most common tags Every company is listed in one of these primary tags

31. Companies: Search results Click to sort results by column headers Download results in excel for offline processing and analytics Returns total # of deal and combined $ value - all forms of capital.

32. Company View Long form analyst insight profile Detailed investment data; click through investors to get to an investor profile

34. Q&A